Radar Magazine: It's Alive! (Almost)
In a sign that the Yusef Jackson-financed Radar Magazine may stand a chance at stability, the magazine has hired both a publisher (Katherine Rizzuto from Vogue) and an ad director (Anne Perton from House and Garden). Radar Magazine, the gossipy celebrity rag, is scheduled to launch in mid-August for the third time, financed this time by chief investor Yusef Jackson. Jackson, the son of teflon-coated civil rights mogul Jesse Jackson, says that he and his investor group have poured enough cash into the troubled publication to keep it solvent for five years.
Radar will start as a (ahem) web-only publication and will go into print in the spring of 2007. Mr. Jackson also claims that this is the start of a media empire and is looking to purchase other properties (again, ahem). We recall that Jackson attempted unsuccessfully to acquire the Chicago Sun-Times in 2004.
Let’s clear one thing up: this isn’t Radar’s "third rebirth" as the New York Post claims. It’s only the second rebirth, the first time was just a plain old birth.
8 August 2006